In Brief… – for Aug. 27, 2009

U. S. herd liquidation begins: Struggling U. S. hog producers appear to be heeding pressure from lenders and have accelerated selling their sows to reduce herds and hopefully drive up hog and pork prices in 2010, livestock sources said Aug. 20. While the latest government data, which is two weeks old, shows sow liquidation still




Commodities Down But Food Prices Lag

“It’s not likely we’re going to be reducing prices in the near term.” – DOUGLAS CONANT, CAMPBELL CEO Commodity costs may be off their record highs and consumers may be struggling, but that doesn’t mean food manufacturers are about to slash prices. Many companies such as Campbell Soup Co. and Hormel Foods Corp. are still


COOL choking off Manitoba hog exports

Manitoba’s hog exports are plummeting and pork producers are scrambling for slaughter space as fallout from the new U. S. country-of-origin labelling (COOL) rule mounts. Slaughter hog shipments to the U. S. are down 75 per cent over the past three months because many American packers are refusing Canadian pigs until confusion over COOL subsides.